The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.
ALAN GREENSPANEnhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
More Alan Greenspan Quotes
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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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Credit-default swaps, I think, have serious problems associated with them.
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Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity are in a state of shocked disbelief.
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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
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Whatever you tax you get less of.
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The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.
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Political decisions are never random and will always lose out to innovative alternatives.
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Significantly opening up immigration to skilled workers solves two problems.
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The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
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Anything that we can do to raise personal savings is very much in the interest of this country.
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Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.
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We need, in effect, to make the phantom ‘lock-boxes’ around the trust fund real.
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No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.
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I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It might be technically possible, but it is not realistic.
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The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses…
ALAN GREENSPAN